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Bank of England maintains rate at 0.1%

The Bank of England’s Monetary Policy Committee (MPC) has held interest rates at 0.1%, despite rising inflation fears.


CPI inflation continues upward spike


The CPI (Consumer Prices Index) measure of inflation jumped to 2.5% in June from 2.1% in May.


Bank of England holds interest rates at 0.1%

The Bank of England has shrugged off concerns that inflation could rise by voting to keep interest rates steady at the historic low of 0.1%.


Inflation spike continues as CPI jumps to 2.1%


There was a sharp increase in the key CPI measure of inflation from 1.5% in April to 2.1% in May.

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